Mispelaere is stepping down from his post effective immediately and will not be replaced, in favour of design-team-led collections.
News of his departure arrived just two days after von Furstenbergs spring summer 2013 show at New York Fashion Week.
I am so grateful for the contributions Yvan brought to DVF and fully support him as he takes the next step in his career, von Furstenberg said in a statement quoted by WWD. Yvan joined us almost three years ago and has added enormous value. He also put together a highly skilled design team to support our growth both in fashion and accessories.
I am very thankful and proud of his accomplishments here and I look forward to our strong team continuing to create the signature DVF look for women everywhere.
The exit comes three weeks after Joel Horowitz joined DVF as co-chairman, with a brief to professionalise the company.
Mispelaere issued a statement through the company on Tuesday. I came to DVF to help further the brands mission and create a world-class design team. I am confident we have been able to achieve that during my time with the company, he said. I cant thank Diane enough for the opportunity to work with her and such talented people. The group is now well-positioned for even greater success, and I am eager to take on my next challenge.